39.37 million resulting from the decrease of raw material and selling price. 2. Gross profit was Baht 95.98 million which decreased Baht 73.50 million or 43.37% from the corresponding period of the

sale, and the inventory increase Baht 18.16 million , because reserve of raw material for new product and work in process increase by customer order. 1.2 Non current asset as at December 31, 2017 amount

price lag in HVA fibers and normalizing IPA margins.  Production increased 14% YoY to 2.7 million tons especially from new assets in Brazil and Portugal.  Higher crude oil prices and raw material cost

financial position as of 31 December 2019, the balance of total assets which were Baht 2,974 million and Baht 2,758 million, respectively, increased by Baht 216 million, or increased by 3% due to the

attributable to Owners of the Parent6 394.2 465.5 -15.3% 1 Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of

revenue Cost of sales Cost of goods sold consists of raw material and packaging, salary and wage of production staff, depreciation of property, plant and equipment, transportation and logistics and other

Parent 631.1 569.9 10.7% 1,643.2 1,543.2 6.5% Normalized Profit attributable to Owners of the Parent5 577.4 450.2 28.2% 1,654.1 1,084.7 52.5% 1 Operating Revenue consists of Raw Water Sales, Industrial

sold to sales revenue ratio increased from 26.72% to 44.27% because of the raw material and packaging increased 81.98%. and change in product sales mix since we invested in the new Company, KURON Co

2019 Changes Million baht Million baht Million baht % Total Assets 457.86 420.02 (37.84) (8.26) Cash and cash equivalents 92.96 74.63 (18.33) (19.72) Trade and other account receivables 68.62 37.93

the Company holds its shares at 99.99 percent, the purchase, and acquisition, as mentioned above, are not subject to the acquisition or disposal of assets transaction or connected transaction pursuant